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CONSOLIDATED BALANCE SHEETS (UNAUDITED) - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Investments in real estate:    
Land, buildings and improvements — net lease and other $ 13,390,692 $ 13,338,857
Land, buildings and improvements — operating properties 1,222,062 1,095,892
Net investments in finance leases and loans receivable 1,172,671 771,761
In-place lease intangible assets and other 2,696,403 2,659,750
Above-market rent intangible assets 771,071 833,751
Investments in real estate 19,252,899 18,700,011
Accumulated depreciation and amortization (3,438,183) (3,269,057)
Assets held for sale, net 102,015 57,944
Net investments in real estate 15,916,731 15,488,898
Equity method investments 351,537 327,502
Cash and cash equivalents 136,438 167,996
Other assets, net 1,191,350 1,080,227
Goodwill 1,034,183 1,037,412
Total assets [1] 18,630,239 18,102,035
Debt:    
Senior unsecured notes, net 5,902,854 5,916,400
Unsecured term loans, net 1,083,597 552,539
Unsecured revolving credit facility 516,513 276,392
Non-recourse mortgages, net 784,750 1,132,417
Debt, net 8,287,714 7,877,748
Accounts payable, accrued expenses and other liabilities 638,965 623,843
Below-market rent and other intangible liabilities, net 153,049 184,584
Deferred income taxes 171,929 178,959
Dividends payable 233,331 228,257
Total liabilities [1] 9,484,988 9,093,391
Commitments and contingencies (Note 12)
Preferred stock, $0.001 par value, 50,000,000 shares authorized; none issued 0 0
Common stock, $0.001 par value, 450,000,000 shares authorized; 213,925,817 and 210,620,949 shares, respectively, issued and outstanding 214 211
Additional paid-in capital 11,970,559 11,706,836
Distributions in excess of accumulated earnings (2,616,638) (2,486,633)
Deferred compensation obligation 62,046 57,012
Accumulated other comprehensive loss (281,820) (283,780)
Total stockholders’ equity 9,134,361 8,993,646
Noncontrolling interests 10,890 14,998
Total equity 9,145,251 9,008,644
Total liabilities and equity $ 18,630,239 $ 18,102,035
[1] See Note 2 for details related to variable interest entities (“VIEs”).